Racon Inc

Lake Forest-based Telenetics Corp. said Wednesday it agreed to acquire Racon Inc., a Seattle-based supplier of microwave products. Financial terms were not disclosed. The proposed acquisition is expected to close by Dec. 31. In July, Telenetics, a maker of data-communications products, acquired another microwave manufacturing firm, Sierra Digital Communications.

Lake Forest-based Telenetics Corp. said Wednesday it agreed to acquire Racon Inc., a Seattle-based supplier of microwave products. Financial terms were not disclosed. The proposed acquisition is expected to close by Dec. 31. In July, Telenetics, a maker of data-communications products, acquired another microwave manufacturing firm, Sierra Digital Communications.

Thousands of people from Budapest, Hungary, to Wichita, Kan., marked the annual Earth Day on Saturday with protests against the Exxon tanker spill, ozone-destroying chemicals and other environmental concerns. In New York City, about 1,000 demonstrators rallied at Exxon's midtown headquarters, waving balloons and chanting "Boycott Exxon" and "Life Not Profits." The protesters carried placards denouncing the company responsible for the worst oil spill in U.S. history. "It's fitting that we're here today," Jeremy Rifkin, a rally organizer, told the crowd.